JOCKEY PROJECTS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JOCKEY PROJECTS
Largest movements
- Cash -€22,906
down €22,906 (-46.3%), from €49,442 to €26,536
mainly Net result for the year (-€12,124) and Receivables within one year (-€3,466)
- Receivables within one year +€3,466
up €3,466 (+10.7%), from €32,495 to €35,961
of which Trade receivables: +€3,486
- Deferred charges and accrued income +€2,180
up €2,180 (+390%), from €558 to €2,739
- Profit (loss) carried forward -€12,124
down €12,124 (-26.2%), from €46,303 to €34,179
- Trade debts -€3,166
down €3,166 (-12.0%), from €26,301 to €23,135
- Tax, wage and social debts -€2,168
down €2,168 (-35.0%), from €6,189 to €4,021
of which Taxes: -€2,168
- Gross operating margin -€51,467
down €51,467, from €41,711 to -€9,756
- Taxes -€6,486
down €6,486 (-99.7%), from €6,507 to €21
- Other operating charges +€1,427
up €1,427 (+301%), from €474 to €1,901
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,793 | €66,335 | -€17,458 | -20.8% |
| Fixed assets | 21/28 | €1,298 | €1,100 | -€198 | -15.3% |
| Financial fixed assets | 28 | €1,298 | €1,100 | -€198 | -15.3% |
| Current assets | 29/58 | €82,495 | €65,235 | -€17,260 | -20.9% |
| Amounts receivable within one year | 40/41 | €32,495 | €35,961 | +€3,466 | +10.7% |
| Trade receivables | 40 | €27,495 | €30,981 | +€3,486 | +12.7% |
| Other amounts receivable | 41 | €5,000 | €4,979 | -€21 | -0.4% |
| Cash at bank and in hand | 54/58 | €49,442 | €26,536 | -€22,906 | -46.3% |
| Deferred charges and accrued income | 490/1 | €558 | €2,739 | +€2,180 | +390% |
| Total equity and liabilities | 10/49 | €83,793 | €66,335 | -€17,458 | -20.8% |
| Equity | 10/15 | €51,303 | €39,179 | -€12,124 | -23.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,303 | €34,179 | -€12,124 | -26.2% |
| Amounts payable | 17/49 | €32,490 | €27,156 | -€5,334 | -16.4% |
| Amounts payable within one year | 42/48 | €32,490 | €27,156 | -€5,334 | -16.4% |
| Trade debts | 44 | €26,301 | €23,135 | -€3,166 | -12.0% |
| Suppliers | 440/4 | €26,301 | €23,135 | -€3,166 | -12.0% |
| Taxes, remuneration and social security | 45 | €6,189 | €4,021 | -€2,168 | -35.0% |
| Taxes | 450/3 | €6,189 | €4,021 | -€2,168 | -35.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other operating charges | 640/8 | €474 | €1,901 | +€1,427 | +301% |
| Gross operating margin | 9900 | €41,711 | -€9,756 | -€51,467 | |
| Operating profit (loss) | 9901 | €41,237 | -€11,657 | -€52,894 | |
| Financial income | 75/76B | €0 | €7 | +€7 | +72,600% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +72,600% |
| Financial charges | 65/66B | €60 | €453 | +€393 | +656% |
| Recurring financial charges | 65 | €60 | €453 | +€393 | +656% |
| Profit (loss) for the period before taxes | 9903 | €41,177 | -€12,104 | -€53,280 | |
| Income taxes | 67/77 | €6,507 | €21 | -€6,486 | -99.7% |
| Profit (loss) for the period | 9904 | €34,670 | -€12,124 | -€46,794 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,670 | -€12,124 | -€46,794 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.